Nate Geraci, CEO of wealth management firm Nobadius Wealth Management, remarked regarding the CLARITY Act situation, "The cryptocurrency industry needs to put more effort into education." He stated, "Many politicians, major financial institutions, and mainstream media do not properly understand the nature of cryptocurrencies. Or perhaps they understand it but feel threatened. Either way, education will help resolve this issue." Meanwhile, even after the White House agreed to the ethics provisions, the processing of the CLARITY Act is being delayed.